China recorded a $1.04 trillion trade surplus in the first 10 months of 2026
China’s trade surplus reached $1.04 trillion in the first 10 months of 2026, exceeding $1 trillion for a second straight year, as October exports jumped 35.2% from a year earlier, according to customs data released Tuesday. The milestone came a month earlier than in 2025 and has raised concern among the United States and European Union.
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Imports also rose 41.6% year on year, while the monthly surplus narrowed to $105.3 billion from $133.5 billion in September, The Associated Press reported. The AP said high-tech exports, including semiconductors and autos, have helped offset weak domestic demand. Chinese exports to the United States rose 32.9% in October, while exports to the European Union increased 24.3%, the AP reported.
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